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will be right back gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get this done. it's the right thing to do for our families and our businesses and for our entire economy. but for immediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yet. it's not like the deadline comes as a surprise to anybody at all, the least of all congress. they were the ones who extended the bush tax cuts. origi
very much, sir. all right, you're looking live at honolulu where president obama will be president obama will be deadlock. but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation? let's talk about it a little bit. >> the president is heading back to washington to attempt a last-ditch effort with speaker boehner to forge some compromise to avert a fiscal cliff which will kick in in six days if nothing isone done. those are the headlines are we talking about is cutting his vacation short in tha and that l well and good. is there anything that can be done because they really seem to be at an impasse before christmms, the republicans in the houseors, imploded and a ve, very tight spot and i suspect if there is to be a deal it'll be a pretty on powering one fo
a great night. lou: good evening, everybody. obama administration's collectible middle east policy. egypt right now on the grip of the worst political crisis since the fall of the president two years ago. and in syria, increasingly desperate measures to counter an insurgency that is slowly but surely pushing closer to control of the capital city of damascus. we will take all that up there with the fox news military analyst, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as a superpower and the challenges we surely face. and president obama ignoring immigration reform in the first term only a matter of time before he makes new proposals should republican party takes the lead on the issue. when will it be enough to lure latino voters in that is their purpose. egypt is worsening. clinical crisis shows no signs of easing as the new muslim brotherhood leadership tries to silence opposition. so far the obama administration is trying to play both sides respecting the countries efforts at demo
is going to get the blame for this? >> well, that remains to be seen, right? we saw -- we see president obama playing this game where he is not really taking a position and blaming it on the speaker. the republicans of doing the same. at think what needs to happen is delayed another month and not try to stop something to get the last minute, even though they are the reason that it is the last minute. tom: they keep taking things down the road. thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does n move fast, you're going to get note that the supermarket, and you're going to pay a lot more fr that milk and cheese . hurricanes and the victims need help. waington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. y
obama to take the podium at any moment to make comments on the fiscal cliff. joining us right now outside the white house is rich edson with a preview what we might hear from the president. anything leaking from the hill? >> well, adam, it is basically over the next 24 hours congressional leaders led by senate leaders, senate majority leader harry reid or senate minority leader mitch mcconnell will continue to work out a proposal from what the president laid out earlier today which as we reported earlier was essentially a smaller version of what the white house has wanted all along, only dealing with tax rates specifically, keeping taxes where they are for families earning less than $250,000 a year, and an extension of unemployment benefits. now it goes back to senate leaders. over the next 24 hours they will try to craft a proposal that can pass both houses of congress. the senate will not be in tomorrow. so congressional leaders can focus on work on the fiscal cliff. some of the buzz around washington has been, if you look at what could possibly pass the house and senate, you're
, right? we saw -- we see president obama playing this game where he is not really taking a position and blaming it on the speaker. the republicans of doing the same. at think what needs to happen is delayed another month and not try to stop something to get the last minute, even though they are the reason that it is the last minute. tom: they keep taking things down the road. thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella.
. leadership returned to the hill right now and basically what we've got from the start of this meeting according to a senior administration official president obama began by offering essentially what he laid out in a speech a week ago which is to keep taxes where they are for families earning less than $250,000 a year and to extend long-term unemployment insurance benefits that is basically just a small slice of what the president had been proposing for quite some time. the administration official also says that the president is putting it on republicans to come up with a counteroffer that they say can pass the house and the senate. if not, the president said, he wants an up-or-down vote on his proposal in the house or the senate. so congressional leaders left here. other than house minority leader nancy pelosi i'm now hearing senate majority leader harry reid has joined her in making comments back at capitol hill. we'll let you know what they say as soon as that is transmitted to us. there are other directed comments they made little progress something they have been saying after the
. it has continued right along. that level of increased spending has continued with president obama every year since 09. stuart: hold on a second. can we please roll the sound bite of president obama and a trillion dollars worth of cuts. go. >> if you look at my track record over the last two years, i cut spending by over a trillion dollars in 2011. i campaigned on the promise of being willing to reduce the deficit in a serious way in a balanced approach of spending cuts and tax increases on the wealthy while keeping middle class taxes low. stuart: i think that was from met the press. -- meet the press. david: yes, it was. stuart: the president specifically said i have cut the deficit by 1 trillion dollars. david: he said i cut spending by 1 trillion dollars. stuart: by 1 trillion dollars. is that true? david: not at all. i'm looking in my hand. these are the figures from the department of treasury. spending 09, 3 trillion 500 billion. 2010, 3 trillion 500 billion. 2011, 3 trillion 600 billion. 2012, 3 trillion 538 billion. he has not cut a trillion dollars. where are those cuts? we just
. it worked for me. [ male announcer ] ask your doctor if chantix is right for you. gerri: president obama promised to end the cozy relationship between special interests and politicians. after four years how gerri: electric cars, remember the dream? that's the president's dream. listen to this. >> we can break our dependence on oil with biofuels and become the first country to have a million electric vehicles on the road by 2015. [applause] gerri: kumbaya. a million electric cars on the road by 2015. save the planet. save the gas. wait, somebody forgot to tell consumers. despite tax credits of up to $7500 to buy the models, just 18,000, just 18,000 were sold in 2011. boy, at that rate we'll have a million green cars on the road by, 2067. or 55 years from now. incredible. where did we go wrong? it's easy. government government involved. the feds are no good at picking what technologies regular americans are going to glom on to. did the department of energy create amazon.com so people would save gas driving to the mall? no, they did not. did the post office invent skype so people could get
but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 250,000 and up. then he went to 400,000. what kind of compromise do we need from both side to get a deal done so that i don't have to keep boring people with this term fiscal cliff? >> right. to really get the deal done right you need about 4 troll trillion to get us back on track. that means pro-growth tax reform, entitlement reform and better control of savings of the proposals at this point are not at that level. they're more $2.5 trillion range. we're very anxious to see what the president will put forward in terms of savings and reform. adam: in rough
boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the plan we0 have right now. the cbo estimates fiscal year 2013 deficit will be, well,lionf $104 trillion for fiscal year al 2013.well, it's so we get up to 2014, it is going to be about $19.4 billion -- excuse me, trillion dollars.f $20.3 trillion. we do nothing. amat is if we do nothing aboutpb this runaway spending. responsible government. let's take a look at what1.6 happens. way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you exactly how changes. speaker boehner wants, oh, yeah? he is going to kick some tail. we are going to get to point you leally in dol
the fundamentals are right. all of the things the obama administration has done have been anti growth, whether energy policy, trade with china, reregulation of wall street. and now this, taxing all those jobs creators, all those small businesses. i don't know why you would want to invest in this country now. gerri: let me ask you this. the congressional budget office has out its numbers. if the fiscal cliff hits they say u.s. gdp would shrink by half a percentage point and that unemployment will rise to over 9%. do you think they have the rights or are they just too conservative? will it be worse? >> if we actually went over the cliff we would be subtracted from domestic demand over $600 billion. that is about four percentage points in gdp. most economists were forecasting in the first half of next year hardly 2 percent growth. if you subtract 4% to spending from that year and a recession that is much deeper. the cbo tense and not be alarmist because they say what they are partisan, but congress read it paycheck, and they don't want to say congress is being irresponsible and thrusting the econ
you know, a conference call to the both of agree with mr. obama when he said, we can't tolerate this any re. he's right. but we are tolerating so much that we should not in this country. should we tolerate the murders of almost 500 people in one city over 01 your time frame? preserve our national grief for 20 children and six adults slaughtered in a matter of minutes last friday. should there be as well a presidential presence in multi religion prayer vigil in chicago perhaps as well a speech by the present to the nation. and please don't misunderstand me. i applaud the president's sense of words and the time he shared with the families of the citizens of the town yesterday to my but he would also urge reflexion and consideration of the facts when we now them and take into account the fact that we do know. chicago right now is the murder capital of this country. those killings in chicago have risen to 20 percent of the past year. up 20%. despite the lmost always on mentioned fact that chicago has one of the toughest gun-control laws of almost any city in this country. the presid
? >> that is right. jasey told us to vote for barack obama. the irony is many young people look at social security and may know it is not going to be around for them in the future. they are not planning their lives and certainly not their retirement banking on social security solvency. the problem is you have the republican party who rrfuses to address letting younger workers invest their own money into their own retirement programs because they view it as a death knell of the voting booth. there is that problem. you are absolutely right. i don't view social security being around for me. how idiotic government bureaucrats are today, the social security administration claims theyyare running not a deficit of $47 billion that actually running a surplus of $65 billion because of all the ious from the treasury department. one government portion of government borrowing from another portion of government and claiming in the end don't worry, your concerns will be alleviated. stuart: we keep going back to why did young people votes overwhelmingly for this administration to have a second term? was it never
spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told oba if you want a trillion dollar in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could youay no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of thing we're learning nowbout how obama said i have no interesting in cutting spending, he's been lying for two mons about his negotiationing positi
in because they're worried about stricter gun control laws and that is a boon for sales right now. president obama cutting short his hawaiian vacation and will be in washington tomorrow. dennis: congress also set to return to d c tomorrow perhaps mounted what everyone hopes will be a last-ditch offered to stave off the fiscal cliff. peter barnes joins us from the belt way. peter: here's what the official spokespeople for all the leaders are saying about this this morning. from the white house, quote, we will let you know if we had any updates. from senate democratic leader harry reid, quote, nothing to report. no conversations with republicans yet. said republican leader mitch mcconnell, quote, no our reach for many democrats. we talk to the speaker's office all the time and always do but the house passed legislation and we are waiting on senate democrats. house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on janua
're waiting for the big holiday. all right. there you go, merry christmas everybody. dagen: thank you, nicole. dennis: president obama and house speaker boehner have not spoken since friday with time running out to avoid going over the fiscal cliff. dagen: with the president and congress on a christmas break, will they miss their year end deadline? peter barnes? peter: just got a note from one of the speaker's spokes people he said the speaker and the president have not spoken since that phone call on friday. all eyes are now on the senate when it returns on thursday to try to get a deal to avoid the fiscal cliff. this past friday before the president left for his family vacation in hawaii, he proposed a limited measure to avoid all of the cliff when speaker boehner scuttled his plan b, the president wants to extend the bush tax cuts now for the middle class and try to avoid some of these deep spending cuts on january 1st. a white house spokesperson says today that staff discussions continue between the administration and the hill. in july you may recall the senate democrats passed an extensi
rights record. >> outrage, regardless of obama, there's opportunity for people who live here. >> all hypedded up here. >> like a political poker chip. you want to live in russia wheee poverty rates are soaring or the u.s.? it's nay eve to deal with russia this way. >> generous americans may not extend love to russian children. that really is simply disgraceful. it's the outrage edition because it doesn't stop with mr. putin and what he's done to american adoptive parents. there's more, isn't there? >> outraged, but happy new years. politics with orphans and taxes here in the united states. i'm outraged. the thing with the fiscal cliff, this russian thing bothers me. it shows the obama administration, you can want -- cannot set policies between u.s. and russia. >> it's a slap in the face. >> you have to be strong. >> everybody's making mountain out of a mole hill here about the meeting that's going on with the president and congressional leaders over h
boehner and president obama talked about, that they address things like alternative minimum tax, and put together a deal that we either try to pass before the end of the year or get agreement to come back right after the first of the year and pass it through both houses. adam: the numbers were something like the president at one point was willing to raise his baht -- bottom line to 400,000. if that's the deal, can you guys, can the men and women in our political leadership pass something before midnight, december 31? >> well, i think so. i mean, and you're going exactly the right direction. if you take what's been put on the table, you got the senate bill, you got the house bill, and you got what president obama and speaker boehner talked about, somewhere in the middle, i think, is a deal we could pass before year end, and as you say, it would be in the $400,000 to $500,000 range, but there has to be a commitment any revenue generated goes to savings, and not more spending. that's the other part of the equation that the president has to step up on to get a deal. adam: senator, we'll have
is threatened to be slammed by another winter storm. we will be right back. gerri: giving you a quick recap of our top story tonight, president obama speaking just moments ago. in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optimistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the president said just a short time ago. >> we are going to construct a discussion with senate and house leadership of how to prevent this tax hike on the middle class. i am optimistic that we may still be able to reach an agreement that can pass both houses in time. senator reid and senator mcconnell are working on such an agreement as we speak we want congress taking up that issue now. in the meantime, the war on tracking, lisa jackson announced her plan to quit january 31. leading to questions as to who obama will choose to replace her. taking a more realistic approach. let ask john hiatt meister. >> with us to
outcome. call this free government program for the option that's right for you. gerri: earlier tonight on gerriwillis.com, we asked you if the white house fiscal cliff meeting between obama and congressional leaders, if it was a polical stunt or real negotiation. here is how you voted 96% said a political stun
want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights have been canceled. it is very possible not everybody will be able to be there. with this disrupts the situation yet again? >> it could. one of my favorite movies is planes, trains and automobiles. why trouble are those in hawaii. it could be a problem. look, i agree with you, these are congressmen and congresswoman. if there is seri
david stockman acts. and suzanne somers on lala land going gaga over presiden obama. but next, ralph nader has had enough. he says that both parties in washington are flailing. and that is why the economy is woman: something's not right. woman: my first symptoms were... man: constant tingling in my toes. woman: i had double vision. woman: they said, "you have multiple sclerosis." man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. man: a symptom may cause you not to be able to do that anymore, and at one point, i was able to do any of those. man: since i've been cycling, it's definitely helped my walking. woman: it's a fantastic opportunity to be working together with a common goal of curing ms, and sharing is the key. you realize that 49 million americs struggle with hunger? that's one out of every 6 americans. hese people are around us every day. they're our friends, they're our coworkers, their kids go to school with our kids. sometimes we're not even aware that t
? will they go a few more weeks? president obama feeling strong hand he can browbeat the republicans and make them crawling back is what i think he can do right now? it in terms of the revenue even if he got his way it is five cents on the dollar. david: we'll talk about that in a second. i want to squeeze you on this there are a lot of economists who say yes, if all taxes go up no doubt we'll go into recession. >> right. david: there will be less spending. producers have less money to hire people. everybody will keep all their money in their pockets. >> short term you overlook the damage done to the military about the so-called sequestration, that reduction in overall spending will have a little bit of good impact. but there is no question, we're following the path europe followed, japan followed, raising taxes in the face of wobbly economy. we haven't done anything like this on scale since early 1930's. david: even the president admitted not too long ago anything you want to do in slow economy or certainly in recession is raise tax rates. >> this is ideology. about income equality punishing
at a live picture on your screen right now. air force one just landing in washington, d.c. as president obama returns to the nation's capital. he cut short his hawaiian vacation. oil prices jumping nearly 3% since christmas time as fiscal cliff worries shake the commodities market. joining us now president of lipow associates. >> i think it is waiting on congress to do something. in the meantime, we have seen the dollar weakened against the euro. liz: we have gas around $3.25. what if we go over the fiscal cliff? >> if that is the case, i see us going down to about $2.10. liz: if we go to $82 a barrel, what will the forecast before june and july? in the past, the nation has gone through some kind of panic attack expecting five dollars for a gallon of gas. >> i do not see five dollars at all next year. i do not even see four dollars. i expect $3.75 to be the height of the peak. what i expect is nothing will happen until the new year when both congress and the president come back. they enact new tax cuts. neither side is interested in any sort of significant spending cuts. liz: where do y
. president obama says this afternoon the progress is being made, but there is still plenty of work to be done but the stocks right now. very close to session highs, up 137 points. the nasdaq better by 58. the s&p 500 up one and a half points to low 20 points. not bad at all. the market started ticking off a little after noon when investors get worried that the president was going to speak at 130. in a tape that is pretty soon to begin, very few volumes speculated, it will to push the market higher. here you go. the dow had its intraday high of 30 minutes before the president spoke. right now of 131 points. the market moving mostly to the upside. the blue chips, hewlett-packard up above four 1/4%. $14.26 per share, but down about 45% for the year. economy names like caterpillar in the green, up three in the third. a similar story for ge up to one 1/4. so these are widely held stocks that could be in your portfolio. your pension fund doing very nicely on this last trading day. there is a school of thought that no matter what happens in the debt deal negotiations gold is the ultimate winner. the
the budget. brought in one million. david: money with adam shapiro is right now. >> i'm adam shapo in for melissa francis. here's what is money tonight. t the last minute panic begin of the president obama is set to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we
about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's no right. tom: i hope you do. i give you one more step before you go. the amount of interest that we pay on the dt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding wh that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fosudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. adva
the holidays. we have all the details coming straight ahead.  david: president obama came back to washington to push for tax hikes the republicans have been resisting but with five days to go, if the president' being givn the right advice on how badly the game of chicken could end up being for all of us if we go off the cliff? joining us now, senior fellow at the manhattan institute and he used to work at the council of economic advisors and advise the president of what his actions could do to affect the economy. it could potentially lead to a recession. >> i am sure showing him the forecast that unemployment would rise above 9% if we went off the fiscal cliff, gdp growth would lose a percentage point. the consequences are very dire. how do you avoid that happening? david: it is kind of surprising that you mak my goodness from hs economic advisors. wells is advising him of what to do from an economic perspective? >> presidents don' presidents dt their economies. if they did, everything would be fine. listen these political types and the political types that you got to have tax hikes on the r
at the period during the obama term, it's been at 24% as high as 25%. so it certainly hasn't come down. so i don't know what he was referring. david: what happened is and i'm looking right at federal outlays right now, we can put it on the screen. we had the big jump because of stimulus 2009 which' greed part republican, part democrat but it stayed there. it doesn't go down. it went up in 2011. not down. the basically -- baseline is now this and that's why the president needs all new taxes. >> if you look at change in deficit past two years we have upwards 9% deficit or so per year and part of that of course is a result of the recession. when you have a recession, tax revenues fall. so if he fell from 18 1/2% down to 15% but the big, bigger component of it was just the one you mentioned was the discretionary increase in spending from 20.8% to 25% during the first year. david: yet we just heard today, i mean god knows what kind of deal they will end up with, windmill subsidies. windmills have failed terribly. it is more expensive to get energy from windmills today than it was $24 billion, 20 year
. the 100 of congress continued to spar with president obama and each other over the fiscal cliff. joining us from inside the beltway, peter barnes, rich edson standing by on capitol hill. all right. what are we waiting and? >> reporter: significant progress is what aides are telling us. they're working with the current framework right now. what it would do is protect income amounts of less than 400,000 for individuals, four under and 54 families, from a tax increase it includes extending current levels of the estate tax, preventing tens of millions of americans from having to pay the alternative minimum tax this year, ensuring that doctors who treat medicare patients don't get an automatic pay cut. long-term unemployment insurance. while lawmakers are discussing right now with the white house is how to deal with the sequester, those automatic spending cuts of 94 billion that are supposed to start next year. negotiations continue with senate minority leader mitch mcconnell leading the way for republicans, and a vice president discussing for democrats. we are starting to get some lawmakers
. may be getting a deal. we're close, says the president. we'll be right back. shibani: good afternoon. 2:00 on the east coast. i'm lori rothman. we heard from president obama. did he mock congress? ashley: a little bit. this is busy day on new year's eve. not a done deal. we're making progress on an agreement. there is more work to do. the hour is. lori: fiscal cliff taking away from what has been a solid year for stocks. s&p 500 up 11 1/2%. nasdaq up 14%. accordingly we're looking for answers. ashley: apple shares clawing back from the three-month slide. baron's jack hough says the stock has more upside ahead and he will explain why. lori: as we do every 15 minutes, let's head down to the floor. diane macedo covering all the action. diane, stocks climbing ever so slightly higher. all eyes must be on washington. are investors more encouraged we will get some kind of a deal, however you want to characterize it by midnight tonight? >> hi, lori, hi, ashley. doesn't seem like it if you look at market numbers. they're hiring when we started this morning but they're actually lower before th
Search Results 0 to 41 of about 42 (some duplicates have been removed)